Soil

Soil is a blockchain-based lending protocol that bridges the gap between traditional finance and the crypto world, reshaping corporate debt and fixed-income investments. It is a debt marketplace where established companies can obtain financing, and crypto investors can lend their stablecoins to earn yield derived from Real World Assets that exist off-chain. We make money by taking a percentage of the interest paid by borrowers to lenders and fees earned from facilitating their connection. All loans approved by private debt fund managers are fully collateralized by Real World Assets, supported by a wide range of legal documents. These loans are closely monitored, each with specific covenants. Examples of collateral for these loans include registered pledges on shares and assets, mortgages on plots and assets, personal guarantees, submission to enforcement, sureties for parent companies or other entities, escrow accounts, and assignments of loans.